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August 28, 2011

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As Hurricane Irene rampaged up the East Coast on Sunday, Republican presidential candidate Ron Paul blasted the Federal Emergency Management Agency, which is in charge of handling the damages caused by the pounding rain, flash floods and high-speed winds.

"It's a system of bureaucratic central economic planning, which is a fallacy that is deeply flawed," the Texas congressman said on "Fox News Sunday." "FEMA has been around since 1978. It has one of the worst reputations for a bureaucracy ever."

The libertarian-minded Paul acknowledged that FEMA can't be replaced overnight, yet he claimed the agency is wasteful and funnels money to contractors instead of the victims of natural disasters.

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